ENTREPRENEURIAL OPPORTUNITIES
MARKET RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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interview
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observation method
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experimental method
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consumer panel
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Detailed explanation-1: -Experimental data are collected through active intervention by the researcher to produce and measure change or to create difference when a variable is altered. Experimental data typically allows the researcher to determine a causal relationship and is typically projectable to a larger population.
Detailed explanation-2: -There are four main survey data collection methods – Telephonic Surveys, Face-to-face Surveys, and Online Surveys. Online surveys are the most cost-effective and can reach the maximum number of people in comparison to the other mediums.
Detailed explanation-3: -Primary Data: Data that has been generated by the researcher himself/herself, surveys, interviews, experiments, specially designed for understanding and solving the research problem at hand.